$374,900
PENDING

Estimated payment $2,732/month

Total Views 15,065
12 Beds
4 Baths
3,183 Sq Ft
$118 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Level Lot
  • 4 Car Detached Garage

About This Home

Fully renovated, turnkey 4-family property in Johnson City offering a strong blend of stability and upside. The building features 4 units, all fully furnished, providing flexibility for short-term or traditional rental strategies. Each apartment has been updated with newer kitchens, modern bathrooms, laminate flooring, and fresh paint, creating clean, attractive living spaces. Tenants pay their own electric and gas, helping reduce operating expenses. The property has been well maintained with key mechanical updates, including a newer boiler for one main apartment and a new heater in the garage unit. A 4-car garage offers additional income potential through tenant or third-party rentals. This is a turnkey asset ideal for investors seeking low maintenance and immediate income, with furnished units supporting premium rents. The overall condition helps limit near-term capital expenditures, and the location near healthcare, shopping, and major roadways supports consistent tenant demand.

Listing Agent

Coty Lunn

INNOVATIVE COMMERCIAL ADVISORS License #10401324866 Listed on: 04/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,058

Year Built

  • Built in 1900

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 3,183 Sq Ft Home
  • Laminate Flooring
  • Range
  • Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Schools

  • Johnson City Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Level Lot

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $2,469
  • Maintenance Expense $2,968
  • Water Sewer Expense $3,187
  • Gross Income $61,200
  • Net Operating Income $37,502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,058

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

Parking

4

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 125 x 47 ft
  • Professional Management Expense: 4749.0
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: 71-73 Albert Street is strategically located in Johnson City just off Main Street, placing it in one of the area’s most accessible and tenant-demand-driven corridors. The property benefits from immediate access to Route 17 (I-86), providing efficient connectivity throughout the Southern Tier and supporting consistent rental demand. The asset sits within close proximity to UHS Wilson Medical Center, a major local employer, along with nearby retail, dining, and public transportation options. This location supports a strong tenant base driven by healthcare, service, and local workforce employment, helping to stabilize occupancy over time. From an investment perspective, the walkability, central location, and access to key amenities make this an attractive option for both current tenants and future leasing. Its positioning between Johnson City and downtown Binghamton further enhances long-term demand and rental upside potential.
  • Above Grade Finished Sq Ft: 3183.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1900
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Flooring: Laminate
  • Living Area: 3183.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage, One Car Garage, Three Car Garage, Oversized, Parking Space(s)

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 3187.0

Schools

  • Elementary School: Johnson City Elementary
  • Junior High Dist: Johnson City

Lot Info

  • Zoning Description: Urban Multi-Family
  • Zoning: Urban Multi-Family

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 61200.0
  • Insurance Expense: 2469.0
  • Maintenance Expense: 2968.0
  • Property Net Operating Income: 37502.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 8058.0
  • Tax Book Number: 143.64-1-32

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,996 $5,900 $900 $5,000
2024 $7,988 $5,900 $900 $5,000
2023 $7,818 $5,900 $900 $5,000
2022 $7,729 $5,900 $900 $5,000
2021 $7,439 $5,900 $900 $5,000
2020 $7,188 $5,900 $900 $5,000
2019 $0 $5,900 $900 $5,000
2018 $6,916 $5,900 $900 $5,000
2017 $6,765 $5,900 $900 $5,000
2016 $6,658 $5,900 $900 $5,000
2015 -- $5,900 $900 $5,000
2014 -- $5,900 $900 $5,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2026 07/27/26 Pending -- -- --
06/10/2026 06/10/26 For Sale $374,900 0.0% $118 / Sq Ft
05/29/2026 05/29/26 Pending -- -- --
04/09/2026 04/09/26 For Sale $374,900 +63.0% $118 / Sq Ft
05/25/2022 05/25/22 Sold $230,000 +21.1% $72 / Sq Ft View Prior Sale
04/07/2022 04/07/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $189,900 +89.9% $60 / Sq Ft
07/31/2017 07/31/17 Sold $100,000 0.0% $31 / Sq Ft View Prior Sale
06/02/2017 06/02/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $100,000 -- $31 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $230,000 None Listed On Document
Warranty Deed $100,000 None Available
Deed $103,000 Kevin H Yeagher
Interfamily Deed Transfer -- --
Source: Public Records

Source: Greater Binghamton Association of REALTORS®

MLS Number: 335373

APN: 034603 143.64-1-32

Your Personal Tour Guide

Ask me questions while you tour the home.